Start-Up Costs and Fees |
||
| Golden Corral | Another Broken Egg Cafe | |
| Investment | 2700795 - 7037915 | 505500 - 1175500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 2.40% | 1% |
| Year Founded | 1973 | 1996 |
| Year Franchised | 1986 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Golden Corral | Another Broken Egg Cafe | |
| Experience | Industry experience (or must have partner with industry experience.) | |
Financing Options |
||
| Golden Corral | Another Broken Egg Cafe | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Golden Corral | Another Broken Egg Cafe | |
| Training | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location | On-The-Job Training: 15 days Classroom Training: 6 weeks Additional Training: As needed |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op Advertising Ad Templates National Media Regional Advertising |
| Operations | International franchisees required to buy multiple units/master licenses; 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 100 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 25 - 35 |
Expansion Plans |
||
| Golden Corral | Another Broken Egg Cafe | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Golden Corral | |
| Another Broken Egg Cafe | |
| Franchise Fee | |
| Golden Corral | |
| Another Broken Egg Cafe | |
| Royalty Fee | |
| Golden Corral | 4% |
| Another Broken Egg Cafe | 5% |
| Advertising Fee | |
| Golden Corral | 2.40% |
| Another Broken Egg Cafe | 1% |
| Year Founded | |
| Golden Corral | 1973 |
| Another Broken Egg Cafe | 1996 |
| Year Franchised | |
| Golden Corral | 1986 |
| Another Broken Egg Cafe | 2005 |
| Term Of Agreement | |
| Golden Corral | 15 years |
| Another Broken Egg Cafe | |
| Renewal Fee | |
| Golden Corral | 15 years (plus two, 5-year renewal options) |
| Another Broken Egg Cafe | |
Business Experience Requirements |
|
| Experience | |
| Golden Corral | Industry experience (or must have partner with industry experience.) |
| Another Broken Egg Cafe | |
Financing Options |
|
| Franchise Fees | |
| Golden Corral | No |
| Another Broken Egg Cafe | No |
| Start-up Costs | |
| Golden Corral | |
| Another Broken Egg Cafe | |
| Equipment | |
| Golden Corral} | |
| Another Broken Egg Cafe | |
| Inventory | |
| Golden Corral | |
| Another Broken Egg Cafe | |
| Receivables | |
| Golden Corral | |
| Another Broken Egg Cafe | |
| Payroll | |
| Golden Corral | |
| Another Broken Egg Cafe | |
Training & Support |
|
| Training | |
| Golden Corral | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location |
| Another Broken Egg Cafe | On-The-Job Training: 15 days Classroom Training: 6 weeks Additional Training: As needed |
| Support | |
| Golden Corral | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Another Broken Egg Cafe | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Golden Corral | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Another Broken Egg Cafe | Co-op Advertising Ad Templates National Media Regional Advertising |
| Operations | |
| Golden Corral | International franchisees required to buy multiple units/master licenses; 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 100 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) |
| Another Broken Egg Cafe | Absentee Ownership Allowed Number of Employees Required to Run: 25 - 35 |
Expansion Plans |
|
| US Expansion | |
| Golden Corral | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Another Broken Egg Cafe | |
| Canada Expansion | |
| Golden Corral | |
| Another Broken Egg Cafe | |
| International Expansion | |
| Golden Corral | |
| Another Broken Egg Cafe | |